Baker Steel Resources Trust Ltd Holding(s) in Company (5453Y)

TIDMBSRT

RNS Number : 5453Y

Baker Steel Resources Trust Ltd

09 September 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                  BAKER STEEL RESOURCES TRUST (ISIN 
  issuer                                                                GG00B6686L20) 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
------------------------------------------------------  -------------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
---------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                   X 
-----------------------------------------------------------------------------------------  --------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
-----------------------------------------------------------------------------------------  --------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------------------  --------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------------------  --------- 
 Other (please 
  specify): 
-------------------  --------------------------------------------------------------------  --------- 
 3. Full name of person(s) subject                   BAKER STEEL CAPITAL MANAGERS LLP (DISCRETIONARY 
  to the                                              CLIENTS OF AND ASSOCIATED OR CONNECTED/RELATED 
  notification obligation: (iii)                                                            PARTIES) 
--------------------------------------------  ------------------------------------------------------ 
 4. Full name of shareholder(s)                  Genus Dynamic Gold Fund 
  (if different from 3.):(iv)                     BAKERSTEEL GLOBAL FUNDS 
                                                   SICAV - Precious Metals 
                                                   Fund 
                                                  Baker Steel Capital Managers 
                                                   LLP 
                                                  Baker Steel Capital Managers 
                                                   (Cayman) Ltd 
--------------------------------------------  ------------------------------------------------------ 
 5. Date of the transaction and date           8(th) September 2015 
  on 
  which the threshold is crossed or 
  reached: (v) 
--------------------------------------------  ------------------------------------------------------ 
 6. Date on which issuer notified:             9(th) September 2015 
--------------------------------------------  ------------------------------------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                           8% 
--------------------------------------------  ------------------------------------------------------ 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                    Resulting situation after the triggering 
 of              to the triggering                     transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ------------------------------------  --------------------------------------------------------------------- 
                Number            Number              Number        Number of voting          % of voting rights 
                 of                of                  of shares     rights                    (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ------------------  ------------  ------------------------  ----------------------------- 
                                                      Direct        Direct         Indirect   Direct         Indirect 
                                                                     (xi)           (xii) 
-------------    -----  -------  ------  -----  ---  ------------  -------------  ---------  -------------  -------------- 
 GG00B6686L20   9,188,139         9,188,139           7,669,609     7,669,609      514,832    6.67%          0.45% 
               ----------------  ------------------  ------------  -------------  ---------  -------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration       Exercise/                       Number of voting             % of voting 
  instrument              date (xiii)      Conversion Period               rights that may              rights 
                                           (xiv)                           be 
                                                                           acquired if the 
                                                                           instrument is 
                                                                           exercised/ converted. 
----------------------  ---------------  ------------------------------  ---------------------------  -------------------- 
 N/A 
----------------------  ---------------  ------------------------------  ---------------------------  -------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration     Exercise/          Number of voting              % of voting rights 
 financial         price           date (xvii)    Conversion         rights instrument             (xix, xx) 
 instrument                                       period             refers to 
                                                  (xviii) 
---------------  --------------  -------------  -----------------  ----------------------------  ------------------------- 
 N/A                                                                                              Nominal       Delta 
---------------  --------------  -------------  -----------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------- 
 8,184,441                                                        7.12% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information:               BAKER STEEL CAPITAL MANAGERS LLP 
----------------------------------------  -------------------------------------- 
 14. Contact name:                         Aneil Bhatt 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             020 7389 0009 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLLMMTMBAMBBA

(END) Dow Jones Newswires

September 09, 2015 06:54 ET (10:54 GMT)